Gujarat Industries Power awards EPC contract to KEC International

12 Sep 2022 , 09:18 AM

The Board of Directors of Gujarat Industries Power Company Ltd, at its meeting held on September 09, 2022, approved the award of EPC Contract to KEC International Limited.

In a regulatory filing, the company said that the award of EPC contract is at the cost of Rs244.00 crore (Rupees Two Hundred Forty Four Crores) approximately for Pooling Sub-station 400/33 KV, 1200 MW (PSS-1, Phase-1 & Phase-II of 600 MW each) of Solar / Wind / Hybrid RE Park of 2375 MW capacity at Great Rann of Kutch area, Gujarat..

At around 9:18 AM, Gujarat Industries Power Co Ltd is currently trading at Rs95.70 per share up by Rs2.1 or 2.24% from its previous closing of Rs93.60 per share on the BSE.

Meanwhile, K E C International Ltd is currently trading at Rs411.70 per share up by Rs6.3 or 1.55% from its previous closing of Rs405.40 per share on the BSE.

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